Risk Analyst

Lockton • New York, NY

6d • Hybrid

About The Position

The Risk Analyst is Lockton Northeast’s entry-level position, designed for a recent college graduate or a professional with 1 to 2 years of relevant insurance experience. The Analyst serves as the primary service contact for an assigned book of Property and Casualty business and develops strong working relationships with clients, carriers, and Lockton team members. The role provides day-to-day client service and renewal support to Client Managers, Senior Client Managers, and/or Account Executives. It is part of the Career Foundations Program, which provides technical and practical training to support a long-term career with Lockton Northeast.

Lockton Northeast offers a flexible, hybrid work environment, allowing Associates to split their time between in-person and remote work. The Northeast Series operates in metropolitan areas spanning Washington, DC; Philadelphia; New York City; Hartford; Norwalk; Boston; and Portland, Maine.

Requirements

• Bachelor’s degree in a business-related program preferred, or equivalent education and/or experience required.
• Ability to efficiently organize work and manage time to meet deadlines.
• Exceptional verbal, written, and interpersonal skills.
• Ability to comply with company policies and procedures and proactively protect confidential client and company information.
• Willingness and ability to work outside normal business hours and travel as needed.
• Strong knowledge of Microsoft Office Suite, including Word, Outlook, Excel, and PowerPoint.
• Must be legally authorized to work in the United States and not require sponsorship for this position now or in the future.
• Eagerness and enthusiasm to learn and participate in the respective Unit or Practice.
• Ability to communicate effectively and professionally, both verbally and in writing.
• Ability to multitask, adapt to change, and work on tight deadlines to meet client needs.
• Ability to manage time and priorities and meet deadlines without compromising quality.
• Entrepreneurial spirit and desire to learn the Property and Casualty insurance industry and grow within the company.
• Initiative to participate in the Career Foundations Program and pursue technical excellence through professional designations, industry workshops, and similar opportunities.

Nice To Haves

• One to two years of relevant insurance experience.
• Bachelor’s degree in a business-related program.

Responsibilities

• Respond to client inquiries and maintain documentation of communications, existing issues, and issue resolutions.
• Support implementation of new coverage lines by setting up accounts, collecting necessary documentation, and reviewing plan details with clients and carriers.
• Provide client service in accordance with Lockton Northeast processes, protocols, and Client Engagement strategy.
• Gather and compile client exposure information, including loss-run schedules and client stratifications.
• Request and secure quotes from carriers.
• Review audits, quotes, binders, and endorsements, and request changes as needed.
• Follow up on insurance policies and complete policy checks to ensure completeness.
• Update specifications, applications, and summary information to reflect changes during the year.
• Inform clients of changes that may affect insurance premiums or coverage.
• Create and send compliance communications as needed.
• Prepare or draft Client Engagement documents, including Renewal Strategy, Stewardship, and Renewal Presentations.
• Support Account Executives, Senior Client Managers, and Client Managers with day-to-day client service and renewal activities.

Benefits

• Competitive total rewards package.
• Continuing education and training.
• Potential for career growth with a growing organization.
• Flexible, hybrid work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level